September 16, 2013

Bloomberry sacks Solaire manager for contract breach

Bloomberry Resorts Corp., the owner of the $1.2-billion Solaire Resort and Casino, has sacked its  casino manager  Global Gaming Philippines LLC (GGAM) and  Solaire  chief operating officer Michael French for breach of contract.

“GGAM has not spent any material time in attending to the management of Solaire and has failed to perform its obligations and deliveries under the  management service agreement (MSA),” Bloomberry said in a
disclosure. Bloomberry said it is eyeing an experienced casino hotel executive to replace Michael French. - WealthSec